NSE IPO price band announced - Here's how much retail will have to pay for one lot

At the upper end of the price band, the NSE IPO size will be ₹22,561.57 crore, which will make it the second-largest IPO in Indian history. This will also give NSE a market capitalization of ₹4.41 lakh crore. 3 Min Read The National Stock Exchange (NSE) has set the price band for its mega IPO which will open for subscription on Thursday, September 17, and close on Monday, September 21. NSE plans to sell shares between ₹1,700 - ₹1,785 apiece.

Each share will carry a face value of ₹1 each. The size for one lot has been fixed as eight NSE shares and retail investors will have to make a minimum investment of ₹14,280 to bid for one lot, and bid in multiples of eight shares thereafter. 35% of the IPO is reserved for retail investors. 50% will be allocated to eligible institutional bidders (QIBs), while the rest will be for the non-institutional investors (NIIs). At the upper end of the price band, the NSE IPO size will be ₹22,561.57 crore, which will make it the second-largest IPO in Indian history.

This will also give NSE a market capitalization of ₹4.41 lakh crore. Eligible employees who will bid for the IPO have been given a discount of ₹170 per share. This also confirms a CNBC-TV18 newsbreak from earlier, which stated that the NSE will be selling shares in the ₹1,700 - ₹1,785 apiece.

While NSE does not have any classified promoter, it has listed SBI, Canada Pension Plan Investment Board, Aranda Investments (Mauritius) Pte. Ltd., MS Strategic Mauritius Ltd., New India Assurance, SBI Capital Markets, Bank of Baroda, Stock Holding Corporation of India, General Insurance Corporation of India and United India Insurance Company as the selling shareholders in the offer for sale. Selling Shareholder No.

Of Shares To Be Sold (Up To) SBI 1,59,69,410 CPPIB 1,18,74,060 Aranda Investments 1,12,46,336 MS Strategic 1,10,00,000 New India Assurance 1,05,00,000 SBI Capital Markets 87,80,590 Bank of Baroda 76,90,375 Stock Holding Corporation 61,87,500 General Insurance Corporation 61,87,500 United India Insurance 60,00,000 The NSE IPO will be a pure Offer For Sale (OFS), which means that the company will not receive any proceeds from the offer. Kotak Capital, JM Financial, Morgan Stanley India, Citigroup, HSBC Securities, JPMorgan India, SBI Capital, Anand Rathi Advisors, Avendus Capital, Axis Capital, DAM Capital, Equirus Capital, HDFC Bank, ICICI Securities, IDBI Capital, IIFL Capital, Motilal Oswal, Nuvama Wealth, Pantomath Capital and 360 ONE WAM are the book running lead managers of the NSE IPO. Shares of NSE will be listed on the Bombay Stock Exchange.

Allotment for eligible shareholders will be determined by September 22, while shares will be credited in the demat account of eligible shareholders will take place on September 23. NSE shares will list on the bourses on September 24. The management of NSE will be holding a press conference for the IPO at 2:30 PM this afternoon.

First Published: Sept 11, 2026 6:46 AM IST Home Market News NSE IPO price band announced - Here's how much retail will have to pay for one lot

Source: CNBC TV18